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Gross Domestic Product for Faroe Islands (MKTGDPFOA646NWDB)


2022: 3,555,929,833.05051 (+ more)   Updated: Dec 19, 2023 1:45 PM CST
2022:  3,555,929,833.05051  
2021:  3,655,063,937.93145  
2020:  3,262,045,883.37293  
2019:  3,266,432,734.22819  
2018:  3,188,600,927.46688  
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Current U.S. Dollars,
Not Seasonally Adjusted




Source: World Bank  

Release: World Development Indicators  

Units:  Current U.S. Dollars, Not Seasonally Adjusted

Frequency:  Annual


GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source Code: NY.GDP.MKTP.CD

Suggested Citation:

World Bank, Gross Domestic Product for Faroe Islands [MKTGDPFOA646NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MKTGDPFOA646NWDB, .


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